$3,000,000 Refinance in South San Francisco, CA
Refinance Loan for South San Francisco Industrial Property
Loan Amount: $3,000,000
Loan Term: 12 Months
LTV: under 50%
Lien Position: 1st Deed of Trust
A Strategic Refinance Loan for a Prime South SF Location
Rubicon Mortgage Fund, LLC recently closed a $3,000,000 refinance loan secured by an industrial warehouse property located in South San Francisco, specifically in the highly desirable South Maple Avenue industrial corridor. Known for its strong industrial presence, proximity to SFO (San Francisco International Airport), and accessibility to major highways, this area continues to be a top-tier location for logistics, warehousing, and transportation businesses.
Property Details and Location Highlights
The subject property sits on 1.78 acres and features a rentable building area of 28,564 square feet. What makes this location particularly valuable is the extensive open space, which provides ample room for bus parking and storageâa unique advantage in an area where land is at a premium. Currently, the property is leased to a successful charter bus company that uses the site to store and maintain its fleet. This is more than just a typical warehouseâit’s a mission-critical facility for the tenant, making it a stable, income-producing asset for the borrower.
Why a Refinance Loan Made Sense
This refinance loan was structured for a borrower with a long-standing and reliable track record. A repeat client of Rubicon, the borrower originally used this industrial property to operate his own business. Over time, as the business was phased out, he transitioned the asset to generate passive income by leasing it to a third-party operator. This evolution of use shows thoughtful long-term planning and makes a refinance loan a logical next step in the assetâs life cycle. The loan proceeds were used to retire existing debt, leverage the equity in the property, and better position the borrower for future financial planning. The loan-to-value (LTV) was under 50%, demonstrating conservative underwriting and strong collateral coverage. The borrowerâs exit strategy is another refinance loan down the line as the asset continues to appreciate and generate consistent rental income.
Fast Closing Without Bank Delays
Traditional financing was not a viable option in this case due to the time-sensitive nature of the transaction. Banks often require longer closing timelines, which didnât align with the borrowerâs needs. Rubicon Mortgage Fund, LLC stepped in quickly, offering a flexible, private lending solution with a streamlined approval process.
Thanks to the strong relationship with the borrower and a deep understanding of the propertyâs value and income stream, Rubicon was able to close the refinance loan swiftly and efficientlyâa testament to our ability to move with speed when timing matters.
The Value of a Refinance Loan for Commercial Real Estate Owners
In commercial real estate, a refinance loan can serve multiple purposesâfrom cash-out financing to debt consolidation, interest rate reduction, or simply repositioning for long-term strategy. For property owners with substantial equity and consistent rental income, refinancing is often a smart way to access liquidity while maintaining control of a high-performing asset.
This deal illustrates how private money lenders like Rubicon can provide certainty of execution and fast funding when banks fall short. Our team understands the nuances of commercial real estate financing and works closely with borrowers to craft tailored solutions that align with their goals.
If you’re a commercial property owner considering a refinance loan, contact Rubicon Mortgage Fund, LLC today. With deep market knowledge, a flexible approach, and a commitment to quick closings, weâre here to help you unlock the full potential of your real estate assets.
For more information, please don’t hesitate to contact us at info@rubiconfund.net or call (925) 283-8919.
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